#Budget2010 : Rural India Gets a Boost

Published: Feb 26, 2010 03:50:53 PM IST

The budget gives all the attention and focus to the agriculture and rural sector. Extending Green revolution to Eastern India with a Rs. 400-crore allocation is a great move in looking beyond Punjab for agricultural growth. Further, Pranab Mukherjee has spoken about strengthening and recapitalising regional rural banks. He also has focussed on creating storage facilities to cut grain wastage by encouraging private parties to join hands with FCI.  Deferred payment of farm loans and subsidised farm credit both should help. The move to organize 60,000 pulses and oil villages looks a good idea to boost domestic production.
All this is encouraging but the real breakthrough will come
when the government improves its delivery mechanism and implements these plans to their fullest extent.

Click here to see Forbes India's comprehensive coverage on the Covid-19 situation and its impact on life, business and the economy‚Äč

Show More
Post Your Comment
Required
Required, will not be published
All comments are moderated
#Budget2010 : For Solar Panels, the Sun is Not Yet Out
#Budget2010 : Another finance festival lights our day